Funding you earn now, next payment 04:00 UTC−0.0151%/8h= −16.5% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate−0.138%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1121.115% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now −0.138%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.152% cheaper against Gate than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FLOCK_USDT | 0.07245 | 0.0251 | pay 0.0251% / 8h | 5h 40m | $753K | $1.8M | 50x |
| Short | Bitget FLOCKUSDT | 0.07235 | 0.0100 | get 0.0050% / 4h | 1h 40m | $1.1M | $2.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$31.71
- Price spread: −0.138% → +0.013%
- −$15.15
- Slippage, 4 orders
- −$84.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$158.37
- Costs to cover
- 1.115%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 2 min ago | 7.57 bp | 36.4 bp −$36 | 1203.8 bp −$12.0K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.83 bp | 20.1 bp −$20 | 55.7 bp −$557 | doesn't fit | doesn't fit |
FLOCK on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FLOCKUSDT | +0.0100% | 4h | 0.07243 | −0.028% | $5.6M | $39.4M | 50x | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07236 | −0.124% | $3.4M | $13.2M | 20x | as long as short |
| OKX FLOCK-USDT-SWAP | +0.0100% | 4h | 0.07237 | −0.110% | $708K | $14.4M | 20x | as long as short |
| MEXC FLOCK_USDT | +0.0100% | 4h | 0.07244 | −0.014% | $323K | $277K | 100x | as long as short |
| KuCoin FLOCKUSDTM | +0.0100% | 4h | 0.07246 | +0.014% | $1.2M | $807K | 20x | as long as short |
| Bitget FLOCKUSDTshort | +0.0100% | 4h | 0.07235 | −0.138% | $1.1M | $2.2M | 20x | |
| BingX FLOCK-USDT | +0.0100% | 4h | 0.07239 | −0.083% | — | $6.7M | — | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07241 | −0.061% | $169K | $354K | — | as long as short |
| BloFin FLOCK-USDT | +0.0104% | 4h | 0.07247 | +0.028% | $269K | $83K | 50x | as long as short |
| Gate FLOCK_USDTlong | +0.0251% | 8h | 0.07245 | long leg | $753K | $1.8M | 50x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1301% | 4h | 0.07265 | +0.272% | $1.6M | $3.7M | 5x | as long as short |
Gate FLOCK_USDT
Bitget FLOCKUSDT
Binance FLOCKUSDT
Bybit FLOCKUSDT
OKX FLOCK-USDT-SWAP
MEXC FLOCK_USDT
KuCoin FLOCKUSDTM
BingX FLOCK-USDT
Variational Omni FLOCK
BloFin FLOCK-USDT
Aster FLOCKUSDT